Blockchain Bites: Coinbase's Severance Offer, DeFi's Latest Fund, Overstock's Legal Win

Sep 30, 2020 at 16:05 UTC.Coinbase will offer non-aligned employees a severance package, Kadena looks to cut into the DeFi market with a new decentralized exchange and Sushiswap is hemorrhaging liquidity.

DeFi fundRobot Ventures has secured $4 million in funding, led by Galaxy Digital with additional participation by Coinbase co-founder Fred Ehrsam's Paradigm, for a second DeFi-focused fund, called Scout.

This seed level venture fund - run by Compound Labs' Robert Leshner and Gauntlet Network's Tarun Chitra - will act as a "Scout" for larger funds looking for DeFi investment opportunities, CoinDesk's Brady Dale reports.

Last year a struggling Dilidili raised funds via crypto and launched a community governance ecosystem and token.

Funding bitcoin"If Bitcoin is decentralized, who funds its development?" This longstanding question, historically answered by the quiet work of volunteer Bitcoin developers, now has a new response: a website that allows Bitcoin users to pledge payment for protocol upgrades.

You could sponsor individual developers, but you couldn't directly fund individual upgrades.

Usually, open-source funding has been the realm of cryptocurrency exchanges or other Bitcoin-related companies.

These actors will often offer six-figure lump-sum grants to independent developers to fund their work.

The website has been around for a couple of years, but Rochard just rolled out a new feature: a pledge option that allows users to commit funding to a specific protocol improvement and pay developers once that improvement is merged into Bitcoin Core.These pledges can be paid out via Lightning or on-chain payments processed through BTCPay Server.

SushiSwap has been on a near-uninterrupted decline since mid-September when its creator made off with, and then returned, the dev fund.